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19
Values up to $2.5M, Rent hits $9,236
Updated yesterday • 4 new comps
Your Investment Paths
Turnkey Rental
This property sits in a prime rental market with strong income potential. Current market data suggests a monthly rental range between $5,356 and $8,187, providing a stable foundation for investors targeting the Coral Gables area. With an estimated gross yield of roughly 3.04%, this property offers consistent cash flow potential. By targeting the upper end of the rental spectrum, investors can maximize returns while maintaining a competitive edge in this neighborhood.
More about this home
Neighborhood Assessment
Riviera Waterways in Coral Gables is an established, affluent neighborhood with strong fundamentals. The area features well-maintained single-family homes on generous lots, proximity to highly-rated George W. Carver Elementary (rated 10/10), and consistent strong market demand. Comparable properties in the immediate area range from $1.7M to $2.9M, with your 3BR/3BA at $2.7M positioning competitively at $1,079/sqft—near the neighborhood median.
Market Activity
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1232 Manati Ave, Coral Gables Investment Report: Flip & Rental Analysis · Frontflip
Rental Income
$81K
Yield
3.0%
Year 1 Estimates
Fix-and-Flip
Fresh updates breathe life into a home, often appealing to buyers who value a move-in ready lifestyle. While the market sees a slight price per square foot shift from $1053 to $1006, these improvements create distinctive, inviting living spaces. Investing in modern finishes can help your property shine, unlocking strong rental potential near $8505. This upgrade transforms a house into a modern retreat, offering lasting comfort and a competitive edge for future buyers or discerning tenants.
Comps
6
Buy-Rehab-Rent
This property offers a post-renovation value between $2,373,000 and $2,623,000. With a solid square footage of 2,479, the asset aligns well with local market comps, providing a stable foundation for a long-term buy-and-hold strategy. Projected rental income hits $7,276 monthly, totaling $87,312 annually. While the 3.5% yield is modest for high-end markets, the property remains a steady income generator for investors prioritizing capital preservation and asset appreciation in a premium area.
Rental Income
$87K
Yield
3.5%
Year 1 Estimates, Post Typical Renovation
Estimated value
$2.7M
$535K over comp median
Comparative Market Analysis
$1.4M – $4.1M
~132 days to sell
Based on 8 comps